January 29, 2024 | New York Law Journal
Distressed Debt Investors Beware of Disqualified Lender ListsA recent development with credit agreements is that they contain new provisions that expressly preclude "distressed investors" from holding the loans. This article aims to alert readers of the contractual language changes in these agreements and the implications of those changes.
By Jennifer Pastarnack, Johanna Colpritt and Ida Vanto
6 minute read
July 06, 2021 | New York Law Journal
Can the Federal Reserve Jumpstart the Distressed Debt Markets?As the Federal Reserve exits the corporate bond market, could a debt market revival be on the horizon?
By Jennifer Pastarnack
6 minute read
June 17, 2020 | New York Law Journal
2008 and 2020: Can Lessons From the Past Aid Our Markets Today?Distressed credit funds that invest in bank loans and trade claims should acknowledge lessons from the past financial crisis of 2008. While new problems require new solutions, distressed credit funds can arm themselves in the interim with lessons from the past.
By Jennifer Pastarnack
7 minute read
October 07, 2019 | New York Law Journal
Bankruptcy Trade Claim Market: The Dangers of Claim Trading Platforms and Automated ContractsThis article highlights legal issues that may be oversimplified in current platforms and pose significant risks to buyers and sellers. While there are additional types of claims traded in the market, this article will focus on trade claims, also known as vendor claims.
By Jennifer Pastarnack
7 minute read